Family Lawyers Who Mean Business

In a high-net-worth divorce, can “hidden assets” always be found?

Janet E. Boyle’s Answer Regarding Hidden Assets

There are many different ways to attempt to conceal hidden assets and income. Executives with major corporations may have hidden “perks” or stock ownership. SEC filings are a good source of information; all high-level executives’ compensation benefits, stock ownership and stock sales can be discovered.

Another method to discover any missing income or assets is to conduct a lifestyle analysis. A lifestyle analysis is conducted by a forensic accountant. A forensic accountant can also review all financial records and determine if there have been transfers to undisclosed accounts, purchases of undisclosed assets or payments of expenses of unrelated third parties. We know and work with the best forensic accountants in the Chicagoland area.